St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-06
REAL Estate GOSSIP.


real estate the past week that was worthy
of more than a passing notice. Everything
is exceedingly lively, especially for this
season. and dealers report their hands full.
The speculative market is not so brisk, as
the demand is for actual use, especially i'll
business property. Prices are we'll up for
this species of land and temptations to
speculate are much greater elsewhere. The
demand for residence property, except that
far out, is entirely legitimate and is largely
among those seeking their own homes. The
result has been to boom new additions still
further out, in view of coming into the
market on actual demand. The demand
for all kinds of property is reported good
with a decided preference for business
property.
Not few real estate men are expecting
great results from the active operations OF
the exchange, which will go into business
formally tomorrow morning for the first
call. With others the exchange is looked
upon as an experiment, which no less than
six months experience will test. The eX-
change has very handsomely fitted up its
quarters in the West hotel. and the result is
quite an attractive pleasant room.
&m*
The apparent boom of real estate in st.
Paul is attracting the attention of Mime
apoliS dealers and is fruitful subject of
conversation. 1t is believed the boom will
soon strike interurban property with all its
force, and holders of desirable property in
that territory are in a very comfortable
frame of mind. Il realize the effect of adj
vertising real estate when 1 see the boom in
st. Paul." said dealer yesterday. I'VE
will have to do more of it here and do it OH
4. l. 4
~
The last quarterly report of the building
inspector makes very credtable showing.
The time included is from Dec. to March
1, and is the worst building season of the
year. Yet during that time there were 430
permits issued for buildings to cost S7t5,-
SOL. There were As permits for miscella-
neous buildings to cost 1919, 400; brick
stores. $50, 600; two brick veneer stores,
"a, 600; frame stores, $4,000; 1874 two
story dwellings, $241, 325. 20; one and one
half story dwellings, S121. $50; one-story
| dwellings, So. 100; 1853 additions and repairs,
| S42, 1856; 40 barns, SIS, 500. The showing
of the different wards is as follows: First
ward, 3 permits, amounting to S24, 354:
| Second, IS, S17.O05; Third, S93, 262, 1876;
Fourth. &c. SS6.S76; Fifth. Al. s102. 09O;
Sixth, 81, $74, 100; Seventh, rs, 500, 03O;
Eighth, 62, S79, 960.
~
Lower Eighth ward property and land
that lies well in the upper part of the Thir-
teenth ward are in good demand, and OWL
ers believe they will one day be in the heart
of the best residence district. AS far out
as Fiftieth street plated ground sells for an
average of $1,000 an acre. or $3.50 a lot,
which is considered away mp. Good deals
in that vicinity have been of frequent oc-
currence during the winter, and boom is
anticipated when the snow disappears and
| customers can see the ground.
-
SMALL DEALS.
Frank C. Brooks has purchased of Peter
Peterson for $4,000 the west % of the mort h.
west u Of the northwest a Of section 80,
township go, range "a.
William Cleveland yesterday sold TO Mary
J. Cook for 81 200 lots and g. in block 20;
lots A. 5 and g. in block SIS, and lot Z, in block
| 81, of Calhoun Park.
All of block i. in Wisconsin addition. has
been sold by the Mutual Real Estate and Land
Investment company to Wiley Freidolph for
$4,000
| The Minnesota Land syndicate. of Willmar
| has purchased oil Hans ]. Dale lot 10, block
| 80. in Minneapolis. The price paid was
| $4,000.
I'm MONDAY IullllpS SOU 10 tuc W. IL.
| Barber Supply and Exchange company lot 8,
| block II, Penniman's addition, for $4,000.
Willis G. Baker has purchased of H. r.
| Brown lots to II inclusive, block A. lots l to
| IL, block 5, Wright's addition, for $4,000.
Lot l, J. e. Merritt's subdivision of block
| IL, of Morrison's addition has been purchased
| by Eugene J. Swan for $4,000.
| The Minnesota Land syndicate has pur-
| chased of j. w. Tulis block 3, of Rees s.
Bands addition, for $4,000.
j. w. Blood has sold to E. d. Eastman for
| $4,000 all of block l, supplement to Chicago
Lake Park addition.
J. NJ. Anderson has. s old to r. A. Williams,
| Jr., one-ffth of Anderson, Douglas s. Co. g
| addition for 1000.
W. P. Douglas has purchased for S34, 600 an
undivided two fifths of Anderson, Douglas q
Co.'s first addition,
E. Howell has purchased an undivided on
fifth of Anderson, Douglas s. Co. S addition
for $4,000.
]. B.. St. Aubin last week paid $4,000 for
eighty acres in section l, township 81,
| range "a.
W. Williams has sold to B. o. johnson lots
20 and 81, block l. Elwelrs addition, fol-
$4,000. na1f
j. H. Tilge has purchased one-fifth inter.
est in Anderson, Douglas s. Co.'S addition fol
$4,000.
Hans j. Dale has purchased G. w. Mason
for $4,000 lot 10, block 60, of town of Mime
apolis.
J. q. Orthquest has sold to S. E. Hanson for
| ton.